Mortgage Rates for Real Estate Hit Another All-Time Low

If you own real estate investments directly (and not through REITs), you may be interested to know that mortgage rates just hit another all-time low, coming in at 4.49%.  This could be especially advantageous for new investors who want to use real estate properties for retirement income or passive income because it lowers the total interest cost going to the bank each year.

If you are interested in how a new investor can get started owning real estate, read How to Invest in Real Estate. You may also want to check out:

• The best places to park your down payment money;
• Reasons it may be a mistake to make extra payments on your real estate investments if you don't have a lot of excess cash.